PUNL | Punchline Resources Moving On Up

AimHighProfits knows penny stocks and tracks them daily along with company news and profiles. They offer penny stock alerts which interested investors can receive FREE by subscribing at AimHighProfits.

Punchline Resources Ltd. (PUNL)

Punchline announced that the Company has requested an initial funding drawdown of $200,000 from the recently secured $1,000,000 Line of Credit Facility. Based on discussions with the Line of Credit provider, it is anticipated that the funding will be received by the Company within the next 48 hours.

Proceeds of this financing will be used for gold exploration and development project acquisition, general working capital, and other such purposes as the Company may determine from time to time.

“We are very excited to have access to new and future investment capital to put towards our rapidly developing growth strategy,” said Ramzan Savji, CEO and President of Punchline. “This first round of funding should be put to good use quickly as we expect to acquire interests in one or more exciting gold exploration and development projects over the next few weeks.”

Following receipt of the initial $200,000 in funding, the Company will have access to an additional $800,000 on the current Line of Credit. Further expansion of the Line of Credit may be considered, if agreeable to both parties.

Source: MarketWire


Checkout more info on PUNL stock here: http://www.aimhighprofits.com/?s=punl


Get more info by visiting AimHighProfits.com

And Remember to Always:

– Do Your Own Research.
– Trade Responsibly.
– Verify Everything.
– Move Fast or Get Left Behind.
– Do not Use Market Orders to Enter a Position, Use Limit Orders.
– Have a System That fits You.
– If a Stock Gaps Open, Look for Pullbacks to Enter.
– Plan a Trade and Trade a Plan.
– Always Use Stop Loss Orders to Protect Yourself.
– Positive Attitude / Positive Self- Belief.
– Keep Penny Stock Trading as Part of a Balanced life.
– If a Stock Breaks Below Our Alert Price GET OUT. Do not wait.
– View Trading as a Score in Points and Not In Money:
– Always Take Your Profits Whenever You Can. Do Not Be Greedy.
– Work Hard at Learning How to Trade Properly and Keep Working.
– Do Something to make Someone Else’s Life Better Today.

For Information on the next hot penny stock, visit AimHighProfits.com


***Reminder: never chase stocks that gap at the open and always protect your profits!

Good luck in making the Best Penny Stock picks.

2012 – Become a Millionaire!!


Want to Discover the “Next” Blue Chip while it is still under $1 and turn $1,000 into $50,000 or more!?

Subscribe to Aim High Profits Penny Stock Alerts Today. You will have unlimited free access to penny stock picks which will help guide you to some of the biggest and most profitable trading alerts and techniques proven to bring in the “big bucks“.

Visit AimHighProfits.com to find out more about Good Penny Stocks to Watch and the Best Penny Stocks to Buy in the Stock Market Today.

For a review on the penny stock of Bullfrog Gold Corp., click BFGC stock to get details from behind the curtain.

AimHighProfits’ due diligence will help to stay away from all the scams out there these days or at least help you to understand the risks involved with them!


Got Something to Say or Add......

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s